* Venezuela’s Minister of Energy and Oil said that the country’s oil reserves have grown by 7,600 million barrels this year and now total almost 88,000 million barrels.
* Businessman and popular comedian Benjamin Rausseo quit from running for president after being an official candidate for four months. * The second-highest ranking official in the U.S. State Department predicted that Hugo Chavez is losing influence globally and that Chavez is someone “who divides, who throws little bombs…and he seeks to tear people down.”
* Although Venezuela’s GDP has grown by more than 10% for the sixth consecutive quarter, the value of the country’s currency has nosedived to its lowest point in 2.5 years.
* This is a socialist revolution? – An article from the Guardian UK claims that Venezuela’s elite are getting richer and prospering from a growing economy. Links- International Herald Tribune, The Latin Americanist (blog), Washington Post, Zee News, Guardian UK, Bloomberg
Image- BBC News
Tags- Venezuela, Hugo Chavez, international politics, oil
No comments:
Post a Comment